Dry Fruit Prices Surge Up to 80% Amid West Asia Conflict, Ramadan Demand Peak

Dry fruit prices have sharply increased across global markets, including India, due to the ongoing conflict in West Asia. The price rise has come at a crucial time, coinciding with the high-demand Ramadan and Eid season, putting pressure on both traders and consumers.According to market estimates, prices of several key dry fruits have increased significantly over the past few weeks.

Price Rise Snapshot (March 2026)

• Pistachios (Pista): ₹1,800 → ₹2,400/kg (↑ 25–30%)

• Mamra Almonds: ₹1,800 → ₹2,800/kg (↑ ~55%)

• Dates (Irani/Bam): ₹210 → ₹350/kg (↑ ~65%)

• Dried Apricots: ₹200 → ₹350/kg (↑ ~75%)

• Black Raisins: ₹250 → ₹450/kg (↑ ~80%)

Why Are Prices Rising?

• Trade Disruptions: Ongoing tensions involving Iran, Israel, and the U.S. have disrupted key shipping routes. Iran’s Bandar Abbas Port, a major export hub, is operating at reduced capacity.

• High Shipping Costs: Freight charges have surged from around $1,500 to over $5,500 per container due to longer routes and security risks.

• Export Restrictions: Iran has temporarily banned exports of several agricultural products to control domestic prices.

• Rising Fuel Costs: Crude oil prices crossing $100 per barrel and a weaker Indian Rupee are making imports more expensive.

Impact on India

Major wholesale markets like Mumbai’s APMC and Delhi’s Khari Baoli are reporting low stock levels. Cities like Hyderabad and Bengaluru are seeing sharp price spikes just as households prepare festive dishes like Sheer Khurma for Eid.

Global Situation

• Southeast Asian countries such as Indonesia and Malaysia are also facing price hikes of 30–50%.

• In Europe, food manufacturers are struggling with uncertain supply of raisins and nuts for processed foods.

Key Insight

Even though global production of some items like cashews is high this year, increased transport costs and market risks are keeping prices elevated for consumers.

Outlook Remains Uncertain

Despite higher global production of some items like cashews, increased transportation costs and market uncertainty are preventing any relief for consumers. With supply disruptions continuing and festive demand remaining strong, dry fruit prices are expected to stay elevated in the coming weeks.